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Like saving up for your retirement, planning how your estate or assets should be handed down to your heirs is something that is best planned in advance. We never know what will happen tomorrow and much less further in the future. So having a transparent and clearly written will ready, way before (you hope) it

When having an asset protection trust set to make sure your assets will pass to your selected beneficiaries, e.g. your heirs, spouse, other family members, friends or essentially anyone else you wish should benefit from the trust, it is important to seek out trusted strategic advice. It is a good idea to look locally for

Where do you go when looking for experience, qualified London tax advice? — To a professional tax specialist with a long track record of helping people in the same situation as you manage and save on their tax payments. If you know someone who had their tax strategy improved by a tax professional it can

There is little doubt that Britain has become a nation of entrepreneurs. According to figures published by the Federation of Small Businesses, the number of companies in the UK has grown by more than 2.2 million since the turn of the century alone. Almost 90 per cent of that increase has been accounted for by small

How not to fall foul of a selection of quirks in our tax system. How much tax will you pay on your bonus? Or on that extra dividend? To twist a phrase, income is income, but not all incomes are the same. Several years down the line, we are still getting to grips with the

Most people are well aware of the fact that they should be saving more for retirement. However, they do not know how much they should be saving. The average pension pot in the United Kingdom is £50,000. The government introduced the auto-enrollment scheme in 2012. Employers are required to automatically enroll people in the workplace

Income tax may sound daunting and just the thought of it is a sure headache, but knowing a couple basics will give you a better understanding. So what is income tax? Citizens Advice defines it as a tax on income, which includes: earnings from employment, self-employment, some social security benefits, interest on most savings, income

In the UK, paying taxes is a mandatory requirement for every citizen. The practice of imposing taxes on citizens dates back to the medieval times during when monarchs imposed levies on citizens on property and land. The revenue raised was used to run various functions of the government such as paying salaries of servants and

This life we live has very few certainties; however, one of those certainties will always be paying taxes. If you’re feeling a little low on funds after this last round of taxes, fret not. There are plenty of ways you can reduce your tax for next year. Here are four simple tips to get you